Sany Heavy Industry Co Ltd (Ticker: 6031 HK) is a China-based manufacturer of construction and engineering machinery, including concrete pumps and pump trucks, road rollers, pavers, and related parts. Sany plans to list on the Hong Kong Stock Exchange on October 28, 2025, offering 580.42 million primary shares at HKD 20.30–21.30, to raise HKD 12.363 billion ($1.59 billion). A 15% greenshoe (87.06 million shares) may be offered. All shares are common stock; no secondary shares were disclosed. Managers/underwriters are ABCI Capital Ltd, BOCI Asia Ltd, CLSA Ltd, China International Capital Corporation (Hong Kong) Securities, China Merchants Securities (HK) Co Ltd, and ICBC International. Sany markets its machinery globally across construction and mining end markets.